Against the rumors spread in the flood-affected Kerala, there has been commotion with apprehensions of emergencies, hoarding by unscrupulous has ended in an artificial scarcity of petroleum products, people too contributed to this by stocking fuel much more than needed for the normal use resulting in utter difficulty. Yes, there was some problem in the movement of oil containers as the roads were flooded but there was no distress signal.

The Coal India Limited (CIL) coal production has increased by 105 Million Tonnes (approx) during the last four years as compared to an increase of 31 MT (approx) during the period of 2010-11 to 2013-14 (4 years). Similarly, offtake of coal from CIL has increased by about 109.12 MT during the last four years as compared to an increase of about 55.04 MT during the period of 2010-11 to 2013-14 (4 years).
The opening of coal mines is a continuous activity which is undertaken regularly to meet the increasing demand of coal in the economy.

India's National Airliner- Air India's disinvestment process has been on the radar for some time as the debt-laden has no bidders to put their neck into the infamous national carrier. Mr.Suresh Prabhu, Civil Aviation Minister said that the future of Air India will be decided by the group of Ministers, other options would be discussed by the AISAM- Air India Specific Alternative Mechanism headed by Union Finance Minister Arun Jaitley.

Flipkart owned digital payments start-up had overtaken paytm to become the largest consumer payments company in the country in terms of total payment volume(TPV). The Bangaluru based firm had hit $20 billion in TPV annual run rate, making it the largest player in terms of transaction value. Phonepe had also crossed 100-million user mark.
“That is what we believe based on the understanding we have... we are the largest consumer payments [company] in the country today,” said Rahul Chari, co-founder and chief technology officer of PhonePe.

IndiGo brings back the fuel surcharge due to the rising of oil prices and aviation turbine fuel (ATF). The surcharge will be applicable on domestic trips and it will be effective from the midnight of May 29, 2018. Passengers will be levied Rupees 200 on routes less than 1,000 km and Rupees 400 for routes longer than 1,000 km. Aviation experts say that it is possible that other airlines may follow the decision.
IndiGo.

India's cotton exportation is likely to jump nearly 30 percent. There is an increase in the global prices and rupee is weaker, which made to boost the overseas demand and four-year high of 7.5 million bale. Each bale contains 170 kg of cotton. The Indian rupee has fallen more than 6 percent in 2018, this lead Indian cotton cheaper for overseas buyers.
India has exported 6.3 million bales so far in the marketing year. According to data compiled by the state-run textile commissioner's office, India shipped 5.82 million bales of cotton overseas last marketing year.

The Brahmagiri Development Society in Wayanad planning to open 1000 outlets in Kerala to extend its production throughout the state. The society is focusing to increase the income by over three times in the next financial year. The Brahmagiri Development Society is an initiative to help farmers to self-sufficiency through Meat production.
In 2017-18 fiscal BDS earned around Rs 16 crore, more than 80% growth from the previous year. The Kerala government allotted Rs 10 crore to increase its meat production facility in the last budget.

"India is absolutely core market, now, in near future and next decade, Uber's success is hardcoded to India's success. We are doubling down on our investments in India like never before", Barney Harford, Chief Operating Officer 'Uber', who is on a visit to India.
'Uber' services have established their network in most of the Indian Cities, India is one of the top three markets for Uber in the world.

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